1550 Morgan St Jacksonville, FL 32209
College Gardens/Mid-West NeighborhoodEstimated payment $2,291/month
Total Views
1,593
8
Beds
4
Baths
2,776
Sq Ft
$131
Price per Sq Ft
Highlights
- No HOA
- Vinyl Flooring
- No Heating
About This Home
Work is still in progress. Discover this beautifully renovated quadplex - a prime investment opportunity! Each of the four units features 2 spacious bedrooms and 1 modern bathroom, offering comfortable and stylish living. This property has undergone a complete transformation with all-new upgrades for worry-free ownership and strong rental potential. Property Highlights:. Fully Renovated - Brand new floors, fixtures, plumbing, and electrical throughout. New Roof - Peace of mind with a fresh, durable roof. New Windows - Energy-efficient windows for improved comfort and savings. New Appliances - Modern appliances to be installed in every unit. New A/C Units - Providing year-round comfort for tenants No major updates needed - just collect the rent! Expected rents between $1,000 - $1,100 per unit/month. Potential annual rental income of $52,800 - a solid return on investment! This is a fantastic opportunity to own a low-maintenance, high-yield property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,051
Year Built
- Built in 1971
Lot Details
- 6,098 Sq Ft Lot
- Cleared Lot
Parking
- Parking Lot
Home Design
- Quadruplex
- Concrete Siding
Interior Spaces
- 2,776 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 4 Units
- Smiths Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 0758720020
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,051 | $130,225 | $24,030 | $106,195 |
| 2023 | $3,503 | $154,739 | $10,680 | $144,059 |
| 2022 | $2,429 | $102,393 | $4,539 | $97,854 |
| 2021 | $2,309 | $91,547 | $4,539 | $87,008 |
| 2020 | $2,173 | $83,101 | $4,005 | $79,096 |
| 2019 | $2,054 | $74,380 | $4,005 | $70,375 |
| 2018 | $1,790 | $60,907 | $4,005 | $56,902 |
| 2017 | $1,689 | $52,980 | $4,005 | $48,975 |
| 2016 | $1,617 | $48,046 | $0 | $0 |
| 2015 | $1,581 | $45,338 | $0 | $0 |
| 2014 | $1,963 | $66,835 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $365,000 | +156.1% | $131 / Sq Ft |
| 12/17/2023 12/17/23 | Off Market | $142,500 | -- | -- |
| 12/17/2023 12/17/23 | Off Market | $130,000 | -- | -- |
| 01/09/2023 01/09/23 | Sold | $142,500 | -4.9% | $51 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | For Sale | $149,900 | +15.3% | $54 / Sq Ft |
| 05/02/2018 05/02/18 | Sold | $130,000 | -4.4% | $47 / Sq Ft |
| 04/12/2018 04/12/18 | Pending | -- | -- | -- |
| 04/04/2018 04/04/18 | For Sale | $136,000 | -- | $49 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $142,500 | Sunshine Title | |
| Special Warranty Deed | -- | Os National Llc | |
| Warranty Deed | $130,000 | Attorney | |
| Warranty Deed | $198,000 | Watson & Osborne Title Servi | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $772,800 | Commercial | |
| Previous Owner | $772,800 | Commercial | |
| Previous Owner | $131,200 | New Conventional | |
| Previous Owner | $178,200 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Jacksonville, FL
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2076209
APN: 075872-0020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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